US Federal Reserve cuts interest rates for third straight time
• Dec 10, 2025, 9:53 PM
1 min de lecture
The US Federal Reserve has lowered its benchmark rate by a quarter percentage point, to a range of 3.5%-3.75%. However, it signalled there will be fewer cuts going forward amid a cooling labour market and persistently high inflation. The vote was not unanimous, with two board members calling for keeping rates unchanged, and Trump ally Stephen Miran wanting a larger cut. Also in the segment: the United Arab Emirates is turning towards AI as part of a strategy of ensuring its future in a post-fossil fuels world.
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EU rolls back 2035 internal combustion engine ban
• 10:08 PM
1 min
The European Union has proposed changes to a 2023 law that effectively banned the sale of new internal combustion engine cars from 2035. Instead of cutting CO2 emissions by 100% from 2021 levels, carmakers would be required to reduce them by 90%, meanin
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Ford to take $19.5 billion writedown as it scraps flagship EVs
• 11:14 AM
1 min
Ford is abandoning top EV models like the F-150 Lightning as weak demand and hostile policies from the Trump administration weigh on sales. We take a closer look. Also in this edition: the EU prepares to water down its own upcoming ban on sales of new in
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